Stoneham sales top $1 million at median as six-figure trust transfers mix in

STONEHAM -- Eighteen properties changed hands in Stoneham over the past month, with sale prices ranging from $399,000 to $1,675,000 and a median of $991,500 among the 12 transactions with recorded prices.

MARKET OVERVIEW

The South Middlesex Registry of Deeds recorded 18 property transfers in Stoneham between Sept. 18 and Oct. 17. Of those, 12 carry a recorded sale price, ranging from $399,000 to $1,675,000, with a median of $991,500. The remaining six sales do not yet show a consideration amount in the registry data; those prices are not yet available. Eighteen recorded transfers in a roughly four-week window is a notable volume of activity for a single Massachusetts town, though the data provided does not include prior-period figures for direct comparison.

TOP SALES

The highest-priced sale was 47 Winship Dr., which sold for $1,675,000 on Sept. 24; the sellers were Susanne M. Irving and William H. Irving, as trustees, and the buyers were Edward Ledgard and Amanda Chauncy. The second-highest sale was 4 Martin Louis Way at $1,474,000 on Sept. 21, sold by David A. Rosman and Samantha Rosman to Vijay K. Raghaven and Rachael M. England. At 70 Park Ave., the property sold for $1,250,000 on Sept. 30, with sellers Asaf Miron Poran and Timothy Joseph Palmer and buyer Alison Burke. The home at 193 Park St. sold for $1,150,000 on Sept. 29; Harbor One Development LLC sold to Hilton T. Le and Susan T. Le, as trustees. Rounding out the top five, 3 Macone Cir. sold for $1,008,000 on Sept. 30, with sellers Yusuf B. Bhagat and Shaheen Merchant selling to Kevin and Paola Pacheco.

NEIGHBORHOOD BREAKDOWN

Two sales occurred on streets with "Park" in the name: 70 Park Ave. ($1,250,000) and 193 Park St. ($1,150,000), both among the month's top five transactions. Beyond that, no single street recorded more than one sale with a price in this period. By price tier, five sales closed above $1 million: 47 Winship Dr., 4 Martin Louis Way, 70 Park Ave., 193 Park St. and 3 Macone Cir. Five sales fell in the $500,000-to-$1 million range: 15 Cabot Rd. ($1,050,000), 8 Charles St. ($875,000), 4 Rodgers Rd. ($975,000), 8 Patrick Cir. ($791,000) and 7 Pine St. ($632,500). Two sales were below $500,000: 137 Franklin St. Unit 203 ($425,000) and 64 Main St. Unit 28B ($399,000).

MARKET NOTES

Of the 18 recorded transfers, six involved a seller transferring property into a trust held by the same individuals, such as 9 Raymond Rd., the Sater property, 16 Erickson St., 10 Girard Rd., 5 Winthrop St. and 4 Victoria Ln. Those transfers do not carry a recorded sale price, which is consistent with family or trust transfers rather than a market-rate transaction. The dataset includes two condominium sales, 137 Franklin St. Unit 203 and 64 Main St. Unit 28B, both at the lower end of the price range; the remaining priced sales were single-family or multi-unit properties. Bedroom, bathroom and square-footage figures were not available in the deed data for any property, so no price-per-square-foot comparisons can be made this period.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.